Rent your home like a hotel, you could be taxed like one – The Morning Call

Always know your local tax & other related laws before you jump into something like this.  Many communities have very specific rules & laws regarding this type of business.  Better to know first then to learn the hard way after.

Using the internet to rent out a room for extra bucks, may lose some of its financial lure for entrepreneurial homeowners in Pennsylvania.

Rep. Doyle Heffley, R-Carbon, introduced a bill Wednesday that would require online home sharing and short-term rental companies to remit the state’s 6 percent occupancy tax to the Department of Revenue. It also would require the companies to provide a list of all property owners renting their dwellings so counties’ Treasury offices can collect hotel taxes, which are used to market local tourism.

Full Story: Rent your home like a hotel, you could be taxed like one – The Morning Call

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